Logos Press previously reported that the MAME 2 project concept provides for a loan of approximately $55 million, intended to facilitate access for Moldovan farmers to the purchase of agricultural machinery and equipment on favourable financial terms. Funding will be channelled through the Agency for the Development and Modernisation of Agriculture (ADMA), which will arrange for the purchase and transfer of the equipment to beneficiaries under leasing agreements.
Under JICA’s terms, the loan will be provided for a period of 20 years, including a six-year grace period.
In addition to equipping farms with machinery, the MAME 2 project includes advisory and technical services aimed at improving farm management, encouraging cooperation and promoting sustainable soil management practices. Another component of the project is aimed at developing the wine sector, including through the exchange of expertise with Japanese specialists and the identification of opportunities to promote Moldovan wines in Asian markets, particularly in Japan.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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